Champions League: It's good that Real Madrid are not favorites - Ancelotti

Real Madrid coach Carlo Ancelotti said it was a 'good sign' that they are not among the favorites to win the Champions League this season.

Madrid beat Paris Saint-Germain, Chelsea, Manchester City and then Liverpool in the final in May as they won their 14th European Cup.

Despite this success, they find themselves behind City, PSG, Liverpool and Bayern Munich in the odds offered by many bookmakers to win the Champions League this year.

"It doesn't surprise me," Ancelotti said in a press conference on Monday ahead of Madrid's Group F opener at Celtic.

"I see this as a good sign. Last year we had even fewer possibilities in the statistics.

"This year we improved a bit! What happened last year will happen [this year]. We will compete until the end, and hopefully we can make it to the final," he added.

Madrid have won the competition five times in the last nine years.

Champions League: It's good that Real Madrid are not favorites - Ancelotti

Real Madrid coach Carlo Ancelotti said it was a 'good sign' that they are not among the favorites to win the Champions League this season.

Madrid beat Paris Saint-Germain, Chelsea, Manchester City and then Liverpool in the final in May as they won their 14th European Cup.

Despite this success, they find themselves behind City, PSG, Liverpool and Bayern Munich in the odds offered by many bookmakers to win the Champions League this year.

"It doesn't surprise me," Ancelotti said in a press conference on Monday ahead of Madrid's Group F opener at Celtic.

"I see this as a good sign. Last year we had even fewer possibilities in the statistics.

"This year we improved a bit! What happened last year will happen [this year]. We will compete until the end, and hopefully we can make it to the final," he added.

Madrid have won the competition five times in the last nine years.

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